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Springs Global RI history
Springs Global RI company history timeline
In that climate, in October 2005 Springs management announced a proposed merger with Brazil-based Coteminas, which would create Springs Global Participações S.A., a holding company based in Brazil promising to be the largest home furnishings manufacturer in the world.
——, "Springs to Eliminate 465 at S.C. Plant," Charlotte Observer, October 18, 2006.
2006 – Creation of Springs Global as a result of a merger between Companhia de Tecidos Norte de Minas, with operations in South America, and Springs Industries, with operations in North America;
Several recently acquired or renovated facilities in South Carolina and Georgia were shut down in 2006, their equipment shipped off to Coteminas factories in Brazil and Argentina.
Recognizing the Creative Products Group’s potential for growth and proven ability to operate independent of the corporate structure, Derick Close purchased the division in March 2007.
Hopkins, Stella M., "Springs Lives on in a Changing World," Charlotte Observer, August 1, 2007.
Crandall Close Bowles served as co-CEO of Springs Global after the merger but was retiring the post in September 2007.
Once a leading employer in South Carolina, with a workforce of 15,000, Springs Global employed fewer than 900 people in the Carolinas by the end of 2007, most of them in office jobs.
2009 – Entering the retail market in Brazil, through the acquisition of MMartan
2011 – Launch of a second retail chain under the brandname Artex
2015 – Start of Artex franchises
2018 – Start of digital franchise
"Springs Global US, Inc. ." International Directory of Company Histories. . Retrieved April 16, 2021 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/springs-global-us-inc
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Springs Global RI competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Glen Raven | 1880 | $780.0M | 3,000 | 18 |
| Standard Textile | 1940 | $900.0M | 3,500 | 9 |
| Doskocil Manufacturing Co. Inc. | - | $2.1M | 50 | 23 |
| WoodCrafters | 1983 | $450.0M | 3,000 | - |
| The Tranzonic Companies | 1933 | $540.0M | 1,100 | - |
| Monterey Mushrooms | 1971 | $780.0M | 3,000 | 6 |
| J. Rettenmaier Usa Lp | 2005 | $9.4M | 129 | - |
| Escalade | 1922 | $251.5M | 704 | 11 |
| Haliburton International Foods | 1992 | $5.0M | 350 | 5 |
| Dreamwalls | 1962 | $99.9M | 200 | - |
Springs Global RI history FAQs
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Springs Global RI may also be known as or be related to Springs Global, Springs Global RI, Springs Global US Inc, Springs Global US, Inc., Springs Global Us Inc. and Springs Global Us, Inc.